Dhaka, Nov. 8 -- Bangladesh Bank (BB) has released the draft Payment System Operator (PSO) Regulation 2025, aiming to align the framework with the Payment and Settlement Systems Act, 2024. The draft has been published for public feedback, and a committee will finalise it after consultations with industry stakeholders.

Under the draft, PSOs must maintain sufficient balances in their Trust and Settlement Accounts (TSA) at the end of each business day to cover all merchant liabilities.

Any shortfall will incur penalties, calculated as the lower of Tk30 lakh or the prevailing Standing Lending Facility (SLF) rate, currently 11.50 percent.

If the shortfall persists for more than 14 days, an additional Tk10,000 per day will apply. Directors, ...